Prince Edward County, VA — 2026 LIHTC rent and income limits

Prince Edward County, VA · FY2026 area median income $78,800 · effective May 1, 2026

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Maximum gross rents by unit size

Unit20%30%40%50%60%70%80%
Studio$280$420$560$700$840$980$1,120
1BR$300$450$600$750$900$1,050$1,200
2BR$360$540$720$900$1,080$1,260$1,440
3BR$415$623$831$1,038$1,246$1,454$1,662
4BR$463$695$927$1,158$1,390$1,622$1,854

Gross rent includes utilities. Subtract the utility allowance for the rent you can charge.

Income limits by household size

Household30%50%60%80%
1 person$16,800$28,000$33,600$44,800
2 persons$19,200$32,000$38,400$51,200
3 persons$21,600$36,000$43,200$57,600
4 persons$23,970$39,950$47,940$63,920
5 persons$25,890$43,150$51,780$69,040
6 persons$27,810$46,350$55,620$74,160
7 persons$29,730$49,550$59,460$79,280
8 persons$31,650$52,750$63,300$84,400

Using these limits

Rents are capped at 30% of the income limit for an imputed household of 1.5 persons per bedroom, so a two-bedroom unit uses the three-person limit. Under the average income test, units can be designated from 20% to 80% AMI as long as the weighted average stays at or below 60%.

Run a deal in Prince Edward County to see the sources and uses, bond test, DSCR, and funding gap using these rents.

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